Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
twbt
on 25/11/2013, 03:47:13 UTC
Net public shares are actually something like 164,000, with a total of 400,000 including those held by BitFountain, so that was correct.

1320 is about 10% of the 13381 shares currently traded at Havelock. So I would agree: Seb's auction will have a significant impact on the share prise there. Maybe it will drop > 25%.

How about think in this way: what will happen in a very small market when the supply suddenly increases by 1320 shares? Do you think the demand will increase as much in just a week? I think there's a very obvious answer. In my opinion, those who haven't withdrawn their bids definitely haven't seen that auction yet.

+1.